Sales: According to the Alabama Realtors, February new home sales in the state increased 20% year-over-year (Y/Y) from 664 to 797 closed transactions, marking 20 consecutive months
Sales: According to the Alabama Realtors, January new home sales in the state increased 14.7% year-over-year (Y/Y) from 652 to 748 closed transactions, marking 18 consecutive months
Sales: According to the Alabama Realtors, October new home sales in the state increased 33.1% year-over-year (Y/Y) from 688 to 916 closed transactions, marking 16 consecutive months
Sales: According to the Alabama Realtors, September new home sales in the state increased 20.1% year-over-year from 798 to 958 closed transactions. Sales increased 6.4% from August,
Sales: According to the Alabama Realtors, August new home sales in the state increased 19.8% year-over-year from 751 to 900 closed transactions. Sales decreased 14% from July,
Sales: According to the Alabama Association of Realtors, July new home sales in the state increased 30.9% year-over-year from 800 to 1,047 closed transactions. Sales decreased 2.1%
With 11 of 13 markets reporting new construction sales data from May, it is likely that total new home sales will increase around 1-2% from one year
In residential markets, demand has strengthened recently as mortgage applications for a home purchase increased for the third week in a row, rising 7% from the prior
Building permits for new residential construction are on the rise in both Alabama and the United States. In Alabama, July permits increased 10.3 percent year-over-year
The late spring and early summer months of the home building season have been marked by rising costs. Interest rates are rising, lumber prices are
